Pilkauskas says finances encourage multi-generational households

August 7, 2022 Marketplace

Marketplace reports that 8in 10 young adults are moving settling in their home towns. And it reports that one in five adults now live in a multigenerational home. 

“People actually save a lot of money, I mean it’s not surprising, when they move back home, on the order of about somewhere between three or four thousand dollars a year,” said Ford School professor Natasha Pilkauskas. That figure doesn’t include savings on shared electricity, gas and groceries.